Orthopedic Splints and Casts Market – Global Industry Insights, Trends, Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Orthopedic splints and casts are majorly available in fiberglass and plastic materials, which are applied over the injured area after being dipped in water. Fiberglass cast and splint products provide high patient compliance in terms of wearing comfort, water resistance and lasting support, improved X-ray radiolucency, and minimized muscle atrophy and other immobilization-related issues, thus, increasing the adoption of these products. Moreover, splints and casts are widely used to manage trauma and fall injuries, as they promote healing, help maintain bone alignment, and protect the injury.
Market Dynamics
Major factors driving growth of the orthopedic splints and casts market include increasing number of age-related orthopedic disorders and improved healthcare facilities in emerging economies. Furthermore, wide adoption of orthopedic splints and casts with increasing surgical procedures and trauma cases is expected to fuel the market growth over the forecast period. According to the study by Orthoknow, 2012, around 2.9 million joint replacement procedures occur annually worldwide, including over 1.4 million hip procedures, 1.1 million knee procedures, and around 100,000 shoulder replacements. Also, according to the Centers for Disease Control and Prevention, 2016, around 1.6 million hip fractures occur each year globally, the number of which is expected to reach between 4.5 million and 6.3 million by 2050.
However, complications associated with casts and splints such as deep vein thrombosis, allergic reactions, neurovascular deficit, in turn, are expected to limit the adoption of these products, further hindering the orthopedic splints and casts market growth.
Key features of the study:
This report provides in-depth analysis of orthopedic splints and casts market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global orthopedic splints and casts market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
Key companies covered as a part of this study include Essity Aktiebolag - BSN Medical, DJO Global, Inc., Zimmer Biomet Holdings, Inc., Ossur Americas, Inc., Prime Medical, Inc., DeRoyal Industries, Inc., Alimed, Inc., 3M, Orfit Industries N.V., and Corflex, Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
The global orthopedic splints and casts market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the orthopedic splints and casts market
Detailed Segmentation:
Global Orthopedic Splints and Casts Market, By Product Type:
Casts
Plaster Casts
Casting Tapes
Cast Cutters
Casting Tools and Accessories
Splints
Fiberglass Splints
Plaster Splints
Others
Global Orthopedic Splints and Casts Market, By End User:
Hospitals
Orthopedic Clinics
Ambulatory Surgical Centers
Global Orthopedic Splints and Casts Market, By Geography:
North America
By Product Type:
Casts
Plaster Casts
Casting tapes
Cast Cutters
Casting Tools and Accessories
Splints
Fiberglass Splints
Plaster Splints
Other Splints
By End User:
Hospitals
Orthopedic Clinics
Ambulatory Surgical Centers
By Country:
U.S.
Canada
Latin America
By Product Type:
Casts
Plaster Casts
Casting tapes
Cast Cutters
Casting Tools and Accessories
Splints
Fiberglass Splints
Plaster Splints
Other Splints
By End User:
Hospitals
Orthopedic Clinics
Ambulatory Surgical Centers
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Europe
By Product Type:
Casts
Plaster Casts
Casting tapes
Cast Cutters
Casting Tools and Accessories
Splints
Fiberglass Splints
Plaster Splints
Other Splints
By End User:
Hospitals
Orthopedic Clinics
Ambulatory Surgical Centers
By Country:
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Product Type:
Casts
Plaster Casts
Casting tapes
Cast Cutters
Casting Tools and Accessories
Splints
Fiberglass Splints
Plaster Splints
Other Splints
By End User:
Hospitals
Orthopedic Clinics
Ambulatory Surgical Centers
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
By Product Type:
Casts
Plaster Casts
Casting tapes
Cast Cutters
Casting Tools and Accessories
Splints
Fiberglass Splints
Plaster Splints
Other Splints
By End User:
Hospitals
Orthopedic Clinics
Ambulatory Surgical Centers
By Country:
GCC
Israel
Rest of Middle East
Africa
By Product Type:
Casts
Plaster Casts
Casting tapes
Cast Cutters
Casting Tools and Accessories
Splints
Fiberglass Splints
Plaster Splints
Other Splints
By End User:
Hospitals
Orthopedic Clinics
Ambulatory Surgical Centers
By Country:
South Africa
Central Africa
North Africa
Company Profiles
Essity Aktiebolag - BSN Medical*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
DJO Global, Inc.
Zimmer Biomet Holdings, Inc.
Ossur Americas, Inc.
Prime Medical, Inc.
DeRoyal Industries, Inc.
Alimed, Inc
3M
Corflex, Inc.
Orfit Industries N.V.
“*” marked represents similar segmentation in other categories in the respective section.
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